Submit your concept notes for InsuResilience Solutions Fund to provide partial grant-funding and expertise for the development of (new) climate risk insurance products for governments, humanitarian organisations, small and medium-sized businesses as well as for private households in developing and emerging countries.

The InsuResilience Solutions Fund is an important contribution of KfW to achieve the target of the international initiative on climate risk insurance ’InsuResilience’. The initiative aims to offer insurance against climate risks to an additional 400 million poor and vulnerable people in developing countries by 2020.

Mandated by the German Federal Ministry for Economic Cooperation and Development (BMZ), KfW has set up a new facility to support the development of innovative climate risk insurance products and insurance markets in developing countries – the InsuResilience Solutions Fund.

Support of the development of adequate, financially sustainable climate risk insurance products in developing and emerging countries to reduce their vulnerability against extreme weather events/ natural catastrophes.

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Focus Areas

Development of new climate risk insurance products, especially for governments.

Scale-up of already existing, piloted products, e.g. into other regions or to other groups.

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Poor and vulnerable households (< 15 USD PPP per day).

Countries which are eligible to receive official development assistance (ODA) as defined by the OECD/DAC and are vulnerable to extreme weather events.

Terms of Funding

Grants up to 2.5m EUR under the condition that the partnership commits a meaningful own contribution of 50% of the total project costs in kind and/or as financial contribution, including funds from their own resources and co-financing.

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Applicants

The ISF will only provide financing to partnerships which consist of at least

a user, representing the demand-side (e.g. national or regional government bodies, NGOs, local insurers) and

Further parties, e.g. other product implementing partners such as risk modelling agencies, insurers, brokers, can additionally be involved.

Core Eligibility Criteria

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